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Budget 2024 sets new precedent for prioritising job creation, skilling: Jayant Chaudhary  For the first time, the Union Budget 2024 places a significant focus on employment-linked schemes, setting a new precedent for prioritising job creation and skilling in our nation, Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship (Independent Charge) said on Wednesday.  The Budget is a comprehensive blueprint for a prosperous and inclusive India. "It embodies our collective aspirations and commitment to ensuring that every Indian achieves th...
Budget 2024 sets new precedent for prioritising job creation, skilling: Jayant Chaudhary
Budget 2024 sets new precedent for prioritising job creation, skilling: Jayant Chaudhary
Source: IANS
2024-07-24 03:12:23 pm
Budget gives big boost to agriculture sector Finance Minister Niramala Sitharaman announced an outlay of Rs 1.52 lakh crore in Budget 2024-25 to boost production and resilience in the agriculture and allied sectors.  The measures unveiled to enhance productivity and resilience in the agriculture sector include use of digital public infrastructure, 'atmanirbharta' for oil seeds, large-scale clusters for vegetable production, and financial support for the network of Nucleus Breeding Centres for shrimp broodstock. Termin...
Budget gives big boost to agriculture sector
Budget gives big boost to agriculture sector
Source: IANS
2024-07-23 06:28:34 pm
NextGen Reforms to create more jobs, boost growth soon: Finance Minister Finance Minister Nirmala Sitharaman on Tuesday announced in her Budget speech that the Government will go for Next Generation Reforms to formulate an economic policy framework to delineate the overarching approach to economic development and set the scope of the next generation of reforms for facilitating employment opportunities and sustaining high growth.  “Our government will initiate and incentivise reforms for improving the productivity of factors of production, and facilit...
NextGen Reforms to create more jobs, boost growth soon: Finance Minister
NextGen Reforms to create more jobs, boost growth soon: Finance Minister
Source: IANS
2024-07-23 06:21:12 pm
Budget will give ample opportunity for parallel growth of MP: Chief Minister Madhya Pradesh Chief Minister Mohan Yadav hailed Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for the Budget on Tuesday. The Chief Minister said the Centre has tried to reduce the burden of inflation, especially from the people belonging to lower income categories and salaried class. He said the control over inflation is the need of the hour and PM Modi’s government has taken this step through its Budget. “The framework of the annual Budget indi...
Budget will give ample opportunity for parallel growth of MP: Chief Minister
Budget will give ample opportunity for parallel growth of MP: Chief Minister
Source: IANS
2024-07-23 05:48:05 pm
Budget advances goal of Viksit Bharat: EAM Jaishankar External Affairs Minister S. Jaishankar on Tuesday congratulated Union Finance Minister Nirmala Sitharaman for presenting a Budget that "advances the goal of a Viksit Bharat" and responds to the aspirations of the people who have given the NDA government a third successive mandate.  "The 9 priorities highlighted by the Finance Minister will contribute to India's Comprehensive National Power. It will enhance our profile at the international stage," said EAM Jais...
Budget advances goal of Viksit Bharat: EAM Jaishankar
Budget advances goal of Viksit Bharat: EAM Jaishankar
Source: IANS
2024-07-23 04:41:19 pm
9 priorities of Union Budget: FM unveils road map for 'Viksit Bharat’ Finance Minister Nirmala Sitharaman, presenting her seventh-consecutive Budget and her first in Modi 3.0, spotlighted nine priority areas for generating ample opportunities for all.  She also said that these nine priorities of Union Budget 2024 will form the foundation for future Budgets of the Modi government. The nine priority areas include: Productivity and resilience in agriculture; employment and skilling; improved human resources; social justice; manufacturing and services; u...
9 priorities of Union Budget: FM unveils road map for 'Viksit Bharat’
9 priorities of Union Budget: FM unveils road map for 'Viksit Bharat’
Source: IANS
2024-07-23 04:36:00 pm
Budget focuses on fostering stable & mature equity investment environment In a bid to foster a more stable and mature investment environment, the government on Tuesday announced an increase in security transactions tax (STT) on futures and options trading, which is in line with the suggestions made by the Economic Survey 2023-2024.  Presenting the Union Budget 2024-2025, the Finance Minister announced a couple of proposals for deepening the tax base. "First, Security Transactions Tax on futures and options of securities is proposed to be increased t...
Budget focuses on fostering stable & mature equity investment environment
Budget focuses on fostering stable & mature equity investment environment
Source: IANS
2024-07-23 04:25:52 pm
Union Budget-2024 will give a boost to overall economic growth: AiMeD The Union Budget-2024 is visionary and progressive and will help boost the country's overall economic growth, said the Association of Indian Medical Device Industry (AiMeD) on Tuesday.  The Union Budget-2024 presented by Finance Minister Nirmala Sitharaman in the Parliament "reflects the determination of Prime Minister Narendra Modi to realise the goal of a $10 trillion economy by 2030 and Viksit Bharat by 2047", said Rajiv Nath, AiMeD Forum Coordinator, in a statement. ...
Union Budget-2024 will give a boost to overall economic growth: AiMeD
Union Budget-2024 will give a boost to overall economic growth: AiMeD
Source: IANS
2024-07-23 04:19:57 pm
Budget 2024: Rs 1,000 crore VC fund to take Indian space startups to a higher orbit In order to take the Indian space sectors to a higher orbit, Union Finance Minister Nirmala Sitharaman on Tuesday said the government will set up a Rs 1,000 crore venture capital (VC) fund.  Presenting her seventh budget for the country, she said the Union government will set up a Rs 1,000 crore venture capital fund to finance the space economy. Reacting to the announcement, Vishesh Rajaram, Managing Partner, Speciale Invest said: "We strongly believe that an INR1000 crore fun...
Budget 2024: Rs 1,000 crore VC fund to take Indian space startups to a higher orbit
Budget 2024: Rs 1,000 crore VC fund to take Indian space startups to a higher orbit
Source: IANS
2024-07-23 03:52:25 pm
Union Budget: Health experts hail Centre's move to exempt customs duty on cancer drugs Calling it a welcome step, oncologists on Tuesday hailed the Central government’s move to exempt customs duty on three more cancer drugs.  The three drugs are Trastuzumab deruxtecan (for breast cancer), Osimertinib (lung cancer drug for EGFR mutation), and Durvalumab (for lung and biliary tract cancers). Deruxtecan drug can be used in all cancers with Her2 positive gene Speaking to IANS, Jyotsna Govil, Chairperson of the Indian Cancer Society said that the exemption has &ldqu...
Union Budget: Health experts hail Centre's move to exempt customs duty on cancer drugs
Union Budget: Health experts hail Centre's move to exempt customs duty on cancer drugs
Source: IANS
2024-07-23 03:47:40 pm
Glad to know Finance Minister has read Congress manifesto, says Chidambaram After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance Minister has read the Congress manifesto of 2024 Lok Sabha elections. “I am glad to know that the Hon'ble FM has read the Congress Manifesto LS 2024 after the election results,” the former Finance Minister wrote on X. He said that he is also happy that the Finance Minister has ...
Glad to know Finance Minister has read Congress manifesto, says Chidambaram
Glad to know Finance Minister has read Congress manifesto, says Chidambaram
Source: IANS
2024-07-23 02:16:04 pm
Union Budget: Boost to youth empowerment, women in workforce As Union Finance Minister Nirmala Sitharaman presented her seventh Budget on Tuesday, among several things, she put forth the government’s vision for the empowerment of youth. One of the highlights of this budget is grant of one month’s wage for first-time employees, which will be provided to them as a Provident Fund contribution. There will also be provision for internships in 500 established companies, which will be encouraged among youth. Additionally, an internship al...
Union Budget: Boost to youth empowerment, women in workforce
Union Budget: Boost to youth empowerment, women in workforce
Source: IANS
2024-07-23 12:56:32 pm
Union Budget: Mudra loan limit enhanced to Rs 20 lakh from Rs 10 lakh  The government on Tuesday announced several measures to boost the sentiments of the non-farming business community and MSMEs, along with enhancing Mudra loans to Rs 20 lakh from Rs 10 lakh.  While delivering the Union Budget 2024-2025 speech in the Lok Sabha, Finance Minister Nirmala Sitharaman said that this extension applies to those who have availed and paid previous Mudra loans. Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of the government which facilitates mi...
Union Budget: Mudra loan limit enhanced to Rs 20 lakh from Rs 10 lakh
Union Budget: Mudra loan limit enhanced to Rs 20 lakh from Rs 10 lakh
Source: IANS
2024-07-23 12:26:23 pm
FM Nirmala Sitharaman gifts 2 Expressways to Bihar, allots Rs 15,0000 cr for AndhraPradesh Presenting her seventh-consecutive Budget, Finance Minister Nirmala Sitharaman on Tuesday announced landmark projects and also fund allocations in Bihar and Andhra Pradesh, the states whose ruling parties are allies with the BJP at the Centre.  The announcement is crucial because of both states’ demand for special category status and special packages, post their bifurcation. Also, Bihar’s JD(U) and Andhra’s TDP-Janasena are BJP’s ally partners at the Centre....
FM Nirmala Sitharaman gifts 2 Expressways to Bihar, allots Rs 15,0000 cr for AndhraPradesh
FM Nirmala Sitharaman gifts 2 Expressways to Bihar, allots Rs 15,0000 cr for AndhraPradesh
Source: IANS
2024-07-23 12:20:12 pm
FM Nirmala Sitharaman announces setting up of over 100 India Post Payment Bank branches in North East More than 100 branches of India Post Payment Bank (IPPB) will be set up in the North East region, Finance Minister Nirmala Sitharaman announced on Tuesday while presenting her seventh straight Budget in the Lok Sabha. The move once again amplifies Prime Minister Narendra Modi's vision of developing India's Northeast region. IPPB, which is at the forefront of offering varied products and services to customers at the last mile in the country, also gives customers an opportunity to...
FM Nirmala Sitharaman announces setting up of over 100 India Post Payment Bank branches in North East
FM Nirmala Sitharaman announces setting up of over 100 India Post Payment Bank branches in North East
Source: IANS
2024-07-23 12:17:20 pm
India unveils plans to spend on jobs, middle class in first post-poll budget Indian Prime Minister Narendra Modi's first post-election budget unveiled on Tuesday plans to raise spending to create jobs and provide relief to the middle class, Finance Minister Nirmala Sitharaman said. The government will allocate 2 trillion rupees ($24 billion) for job creation over the next five years, Sitharaman said. Modi's Hindu nationalist Bharatiya Janata Party (BJP) failed to secure an outright majority in the general election last month, making it dependant on ...
India unveils plans to spend on jobs, middle class in first post-poll budget
India unveils plans to spend on jobs, middle class in first post-poll budget
Source: Reuters
2024-07-23 11:36:46 am